Ergawealth Advisors Inc. Acquires 247,703 Shares of Capital Group Global Growth Equity ETF $CGGO

Ergawealth Advisors Inc. boosted its holdings in Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) by 117.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 457,916 shares of the company’s stock after acquiring an additional 247,703 shares during the period. Capital Group Global Growth Equity ETF accounts for about 7.3% of Ergawealth Advisors Inc.’s investment portfolio, making the stock its 6th largest position. Ergawealth Advisors Inc. owned about 0.19% of Capital Group Global Growth Equity ETF worth $15,867,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in CGGO. Envestnet Asset Management Inc. grew its stake in Capital Group Global Growth Equity ETF by 29.0% in the 3rd quarter. Envestnet Asset Management Inc. now owns 9,209,394 shares of the company’s stock valued at $314,685,000 after acquiring an additional 2,068,733 shares during the last quarter. Capital Group Private Client Services Inc. grew its stake in Capital Group Global Growth Equity ETF by 11.3% in the 3rd quarter. Capital Group Private Client Services Inc. now owns 20,278,872 shares of the company’s stock valued at $692,929,000 after acquiring an additional 2,058,313 shares during the last quarter. Bank of America Corp DE grew its stake in Capital Group Global Growth Equity ETF by 38.5% in the 3rd quarter. Bank of America Corp DE now owns 3,166,163 shares of the company’s stock valued at $108,188,000 after acquiring an additional 880,874 shares during the last quarter. BIP Wealth LLC purchased a new position in Capital Group Global Growth Equity ETF in the 4th quarter valued at about $23,656,000. Finally, Jones Financial Companies Lllp lifted its holdings in Capital Group Global Growth Equity ETF by 21.5% in the 3rd quarter. Jones Financial Companies Lllp now owns 3,578,414 shares of the company’s stock valued at $121,096,000 after purchasing an additional 632,392 shares in the last quarter.

Capital Group Global Growth Equity ETF Trading Up 4.5%

NYSEARCA:CGGO opened at $35.82 on Thursday. The firm has a market cap of $9.39 billion, a price-to-earnings ratio of 22.37 and a beta of 0.98. The company’s 50-day moving average is $35.28 and its two-hundred day moving average is $34.98. Capital Group Global Growth Equity ETF has a 12-month low of $25.13 and a 12-month high of $37.10.

Capital Group Global Growth Equity ETF Profile

The Capital Group Global Growth Equity ETF (CGGO) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that invests in US and non-US companies of any market capitalization with growth potential. CGGO was launched on Feb 22, 2022 and is managed by Capital Group.